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<br />=r• 5..���yud or Frap�say�Iu��ma���mav�sr`shaill�nep ti��tiugmvamomm�oW;.��tt�ar.Aes�esirt�rere�ted oi� � '
<br />-`:�; -� ^,` tha Prog�rty Is�at�agaiavst tasa.�, �.�ada iaaludcQ:aIttin t�e term'estende0 cavo�gp sad a�►otAes fia�et'ds; •_ - -
<br /> .. •_ inal�di»g fit�cds ot tico�it�.:fas�w�1h� t�der t+tqui�inswar�a.�'Phie insnratics ehsilt+ba..�tnwined tn the�a�ounAq . .
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<br /> � '�i�suraac',e csrrtar ptovt�ing ttta t�tsuc�iee st�pt�:be choserr oy'8oss+owar--=.- .- _ - -- __
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<br /> �s, �:L� , subjeat to l.ender's ap�va��vhicb shalj:tw�i�unr�easnnably withtteld.I�'�ortow�p fatla to maiata�n covetage descrltied � -
<br /> '- ,� , a�ove.Lend�r may,at Lende�a optaap,�1��l�+Rverega to prqtect Lenc�r�r.rtghte in th�P�perty in avoorda��,wi�,. G . —
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<br /> '=� �,�,',�`n��'-�`�; �Al?�3nsurenoa pmlicFos aad reaearals.saA�i ba accaptab2e w.�xttder uad shalt iactuda a etandsrd mortgaga ctause. —_-.------
<br /> _��` � -;r�:.>�ra,� Lendar sha11 Asve tiu4 rigat ta Aold�tto�poli�and reneweta If Lender ui�s: Eormn►er sha11 promptly�give to , _�_
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<br /> 4`� .�-,�.�.ne.:',- Lerfder all teodptsnSp�d pt�niumaea���a�4ticea In the event of ios�,Borc�ower ei�al�give prnmpt aouoe w tAa x -
<br /> , . . '� °� s insuursnce casreer an�3.e s�er.Lendar may,�ne�px+iqt,o4 tass if aot maQa?rari►[�t1Y by 8orrower. ` t�'�y�� - -
<br /> r �' .� �_� .� .��-- Uda����H�earres�e�e,
<br /> , i,o a�ca,�triting,tn�tt�oape+eceada�l_�sppliedta�s�Lusatias�Qrregai�.-- - �€"-�� .�
<br /> , ,,�` " � d�";; - oi the Peoperty dameged�if tt�r�cosatia;�a4rre�ir.{��oaemicaliy feas�ble�d.Lender's securiity ia aat le�,ned.Iittte . L °� °°"�'°`
<br /> -'• .� ��_ ` }::, t+eswration or repair is aot ecoaamic�Uy.fe�s►blGn�,�er'ssecurit3r would be lesse�ed.tite insufanee proceeds shall be n. �- »
<br /> �;_ '% "``� applied to the s�ms secured�q ttds S�curity,Ira�ntntetit.a��etAec or aot thea due,with any escess paid to$orrower..ii. , '�;����- -
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<br /> '�' �=°���..Tt!F�:`�� �,��4 8or�wer abascdo�as the Piopert�r,os daas a�s�taascv��tfun 3Q days a aotice fr.om Leitder tttat the insurenca carrier has ��.�, _- -
<br /> � =�:::<,a +� ` } � off�d to settle a claiin,ttten Lead�m�g�.r�1tt�,tM inswaace.praceeQa,Lender may v�e tAe proceeds tQ repair or .,�.-- -_-
<br /> k' ,,y S,��,n� c; y ;�:"_ r�stos�a the Praperty.os to pay sums r�red by�.�k�cwitq Insttument,whethec or nat then du�The 3Q'day period tvill. ° — _
<br /> �� z �' = s�"; begin when t�e notioe is g�ven. . ,.� --�-
<br /> �ti- ,' R�`„`,4 L U n le�L e n d e r an d B o s r ower o t Aesoria�aa u►wri d a�.ea►Y aPP lica t ion o f ce e d a t o p r i nci p a l s h a l i n o t e s c e a d o r. �� ?:��'��. -
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<br /> �, < < '�� . postpone t1�e due date of the monthiy.p�aymea�'re�esred to in�ragraphs 1 aad 2 or change the amount of�tha paYatenta� ;>,� � -
<br /> �' '"7 " If undar paragregh 2l the Property is aaquired�ii�'Lender,�arrower's rigAt to any ts�surenoe potiaie�and praa�eds � --
<br /> �y resuitin g from daan a�p to tho pro p e r t y p r ittt�ta�s e o quisitiot�shall p a s s to I.ender to tha eatent of the sums sectued by ;- ;
<br /> �+� �. , � - this Securi�jc Iastrumeat immediatelY pnoF,ta E��oq�nsition. `` ; ;.; `
<br /> i r :: . . - 6.Qvcs�aaoy��resePVat�oa.Maiataunnqa sad Protectton of the PropeF.y:BQrrower's Loaa Applicatioa; ;;r� ,,.� -
<br /> ; ' :; Lessehofds Borroarer shall occuPY.e�sWl�l�stt,attd ase the Property as Borrower's princiga!c�esidenca within sisty+daYs �;�r �� .n --
<br /> � '1 a#ter ttte es...,°^ution o3 ttris Secusity IAStrumetm end shall oontinue to oecupy the Fmperty► as$eremwer'a ps+ncigal � - _
<br /> - =r - residence for at least ane year after tha date ot occupancy,unleas I,euder ott�caise ag�ees in writing,s��ai�6 con�nt shal� �� , �'
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<br /> _"`5 not be arueasonably withheld,as nalessextetttuNagcircumstances esist wlui�ere beyond Barrowe�sou�'rtroL 8ornovier �:•��.....:4,'°:::.-.
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<br /> , • shall noidestcoy,damaga or imgait tAe Pmp�rty,ellow the Pmperty m de�arate.or cornmit waste on the Property. , .�, �_.�
<br /> :�f . Bosrnwer sfrall be in default if any forfeituxeaction or prnce�ding,whethercivil or cttminal►is 6egun,that in I.ender's �:�`='�:,r�`.�
<br /> �' ,f: . good faith�r�ctgment oould result in fadsature of the Property or otherwise materialiy impair the lien created 6y this `�„ i t�
<br /> � °_> Security t�e�^^�trrument m Lettder's secusity�:interest.Borrower may cure s�h e default and reinstate;as provided in `
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<br /> �,{' � F�B�P H� �$ b y �g t h e a c ti n n o r p;o c e e d i n g t o b e d i s m�s s e d w i t h a r u l i n g t h a t. i n L e n�e r's g o o d f e i t h �,,; Y.;�
<br /> - .�{ ?, ' . � determir,a��n,predt�fos[e�wre ot th�Borrower's intere.gt in the Pmperty or other material impaia�nent of tha lien `� �.�� E� ��
<br /> '. � ' created 6l+`�rs Se�rZtq Instrument ar Lesuter's security iaterest.Borrower shall alsa be in default�P�orrower,during ;� � :j r�1�; i�J c
<br /> :: ' ` ,:i..r.,t� 4y1 �r:�.
<br /> :f � . - � the loan application prooess,gava materiallY false or inacc«ate information or statements te}Leuder (or failed w '__° . ;�;,�l;�;,��•.,�:_�_
<br /> ; Y . . • provide Lender with any material infmtn�don)in conne�tima ciith the loan evidenoed 6y the Nate;dncluding.but not k � g k�,
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<br /> �'� : . � limited w.representstions oonc�emi�tg ammwer's oocuparzsg oi the Yroperty as a principai residen�.If this Security �'����'xti� >. � ;�
<br /> _ s I n s p�u m e n t i s o n a l e�e n o l d,B o r r o�t e c a h s 1 1 c o m�i y�i t h�:�t k r e p r o v i s i o n s a f t h e l e a s e.I f B a r ro w e r a c�q u i r e s f e e t i t l e t o :;;��;�� ���'"':': �.� "
<br /> "; ' the Property.the leasehold and t1�e fee tide shall not merge tmfess I,ender agrees to the merger in H�itiag. �ti�`;"���=��,�,';�:.. ;�' `_`
<br /> � � 7.Ptotection of Leades's Rig�tt�ia the Proparty. If 8�rrower fails to pertorm tha covenants and agreements .�.•;�`��iy'�i�"`t.-i
<br /> �i, � � contained in tAi.s Security Insttument;or there is a legal procea�ing tQat may signiticantly affect Lender's righte in the ,. ,...ar.�. :;,-:
<br /> Property (such as a proceeding io bmntcruptcy. probate. fos condemnation or fodeiture or to enforce laws or " � `�' " �
<br /> .> � � . regnlations),then Lender may do and:pay 4or nrhatever is necessary to proa�t the value o4 the Property and Lender's r � _ �' ��
<br /> . 1 ` � righta in the Psopetey.Lender's acsians may include paying any sums sec�red by a lien which has priority over this ��' .;'
<br /> - '� � . Security Instrument,sPpearing in caurc.paYing reasonable attorneys'fees and entaring on tha Pmperty to matce rapaire. .. , . '
<br /> ; Although Lender may teke action ur✓aea this pasegrePh�.Lender does not have to do so. '...-„� ,: .
<br /> Any emaunts disbw�sed by Lend2t under this paragraph 7 shall become additionat debt o4 Borrower secured by this `'_''� � � ��
<br /> � Security Instrumen�Unless Bwrovices and Lertder agre�to otAer terms of pa}ment.these amounts sl�all bear interest � ' . � -
<br /> ;� : ' fc�om the dataoi disbvrsement at the.hote eate and shall be payable,cvith iraQSest,upon noiiae fsrnn Lender to Bamocver :�'; � �� `�=��
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<br /> ,� �. � : �.��;:���' � . 8. Mortgagrw Insurnno�If Lender re�uired mortgage insurance as a condition o4 making tAe loan secured by this �''` .n. �^_:.r��:.'�
<br /> �� � ' . Security Insirnment,Borrower shall pay tha premiums required to maintain the maKgage insurance in effect.If.for any � .: �
<br /> �_ '� ' reason.the most�sge insurunce cnverage required by Lender lapses or ceases to be in etteet.Borrower sha11 pay the � � :,.
<br /> `�;«: . • : � ` premiums requited to obtain co�erage substentially eguivalent to tRe martgage insurance previously in effect.at a cost �: � �
<br /> �,• ,zi�`, � ' substantiall u�valent ta tAe carstt to Eorroaer of the mort e insuranve reviausl �n effect,fram an atterna:e ; , . �
<br /> : ,t� •.�,, . Y 84 � ca 888 P Y � .
<br /> , ' ;'i�'.�;':',, ,.•�: mortgage in4user appmved by I,ender. It substantially equivalent mortgaga insurence coverago is not av�ilable. � � . _ ,
<br /> ,.:�' � .. , . Hornnwer shall pay to l.ender each month a sum equat to ona-rnelfth ot the yearl��moregzge insurance premium being ;� ;:�'�;`' ,
<br /> ; i:y. � paid by Borrawer ahen the in�ureince coverage lapsed or ceased to be in eliect.Ixnder r�ill accept,use and retain these � � �;';:�����
<br /> " `�'.;;:.� ments ss a Iciss reserve in lieu of mort a e �nsurance. Loss reserve ` •
<br /> �,, l �:. . paY 8 8 pay ments may no Ionger be required. .
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